British firms mark progress off Viet Nam
British companies are making more inroads in exploring for oil and gas off Viet Nam. British Gas plc won a 25 year production sharing contract for a license off southern Viet Nam in the South China Sea. Meantime, London independent Lasmo plc started seismic surveys on the block adjoining the British Gas block. Separately, Thailand and Viet Nam have reached agreement to jointly explore for and develop oil and gas found in waters claimed by both countries. Plans call for the two countries to draw up joint development plans covering oil and gas resources in the southeastern fringe of the Gulf of Thailand. Bangkok officials say they would have preferred to delineate maritime boundaries with Hanoi, but opted for the joint development accord, noting that Thailand and Malaysia had taken 12 years to resolve a similar dispute.
- OSTI ID:
- 7185202
- Journal Information:
- Oil and Gas Journal; (United States), Vol. 90:47; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
02 PETROLEUM
03 NATURAL GAS
NATURAL GAS INDUSTRY
CONTRACTS
PETROLEUM INDUSTRY
RESOURCE DEVELOPMENT
INTERNATIONAL COOPERATION
UNITED KINGDOM
SEISMIC SURVEYS
THAILAND
VIET NAM
ASIA
COOPERATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
EUROPE
GEOPHYSICAL SURVEYS
INDUSTRY
SURVEYS
294002* - Energy Planning & Policy- Petroleum
294003 - Energy Planning & Policy- Natural Gas
020700 - Petroleum- Economics
Industrial
& Business Aspects
030600 - Natural Gas- Economic
Industrial
& Business Aspects